Topic: How are blocks assembled? (Read 403 times)

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: toolbag on April 30, 2013, 09:08:00 PM

One thing I'm somewhat confused about is how transactions are assembled into blocks. My understanding is that that's a key part of the process, but it's not clear to me what, exactly, is going on. I know that Bitcoin clients connect in a big peer-to-peer mesh, and they broadcast transactions somehow into the network.

Correct.

Quote from: toolbag on April 30, 2013, 09:08:00 PM

Do individual transactions get broadcast by clients and then assembled somehow into blocks by miners?

Yes.

Quote from: toolbag on April 30, 2013, 09:08:00 PM

Or do the clients themselves emit blocks which the miners then perform the necessary hashing on?

No.

toolbag

newbie

Activity: 42

Merit: 0

Hi, all! Yet another noob here. Although I've been aware of Bitcoin for years I only recently realized how awesome it is and what a big deal it had become and, like so many others, wish that I'd gotten into it much sooner. Anyway, I'm here now, and I'm trying to gain as deep an understanding of the workings of Bitcoin as possible.

One thing I'm somewhat confused about is how transactions are assembled into blocks. My understanding is that that's a key part of the process, but it's not clear to me what, exactly, is going on. I know that Bitcoin clients connect in a big peer-to-peer mesh, and they broadcast transactions somehow into the network. Do individual transactions get broadcast by clients and then assembled somehow into blocks by miners? Or do the clients themselves emit blocks which the miners then perform the necessary hashing on? I've done a lot of reading on bitcoin.it and other sources but this piece has never been clear to me.

Thanks!

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